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Pastimes : QQQ & DIA - chat & chart
QQQ 608.86+0.1%4:00 PM EST
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To: Jon Khymn who wrote (243)12/9/2001 12:13:14 AM
From: Jon Khymn  Read Replies (2) of 795
 
Next week's Major event events

1. 12/11 FOMC meeting. - With worse than expected unemployment data, I'm guessing 70% chance 1/4% cut, 20% chance 1/2% and 10% no cut. (With 1/4% cut, the market may not respond positively. 1/2% then rally, no cut will bring the market down hard)

2. 12/13 Nov. Retail Sales Report: expecting -2.8% but my guess is it will be better, perhaps down only -1.5%.

3. Also CIEN and ORCL earning report card due on Thursday.
CIEN's next year guidance will not be good.
These two will set the tone for the rest of December.
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